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December 20, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Olympia Fields, Business Loans > Bankfinancial, Fsb Olympia Fields Business Loans > Direct Selling Establishments Loan | ||||
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Olympia Fields Bank Loan
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Olympia Fields, Illinois Bank Gives SBA Loan to Direct Selling Establishments CompanyThinking about meeting with an Olympia Fields, Illinois bank about an SBA loan? Here's one Illinois business loan, issued by an Olympia Fields bank, that was approved by the SBA. Applying for an SBA loan with Bankfinancial, Fsb worked out well for our friends at one local business in Aurora, Illinois. The business was able to get an SBA loan for $100,000. Way to go! SBA Loan Borrower COMPANY TYPE: DIRECT SELLING ESTABLISHMENTS SBA Loan Lender BANKFINANCIAL, FSB This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 454390 - Direct Selling Establishments Loan Approval Date 6/27/2003 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Small Bank Loans in Olympia Fields, Illinois
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